Bank of America
BAC
2,860 hedge funds and large institutions have $188B invested in Bank of America in 2023 Q4 according to their latest regulatory filings, with 413 funds opening new positions, 924 increasing their positions, 1,282 reducing their positions, and 133 closing their positions.
211% more first-time investments, than exits
New positions opened: 413 | Existing positions closed: 133
47% more funds holding in top 10
Funds holding in top 10: 76 → 112 (+36)
19% more capital inflows, than outflows
Capital inflows: $8.86B | Capital outflows: $7.47B
9% more funds holding
Funds holding: 2,618 → 2,860 (+242)
1.39% more ownership
Funds ownership: 69.36% → 70.75% (+1.4%)
28% less repeat investments, than reductions
Existing positions increased: 924 | Existing positions reduced: 1,282
30% less call options, than puts
Call options by funds: $5.82B | Put options by funds: $8.34B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$880M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$850M |
| 3 |
Neuberger Berman Group
New York
|
+$480M |
| 4 |
Alphinity Investment Management
Sydney,
Australia
|
+$375M |
| 5 |
State Street
Boston,
Massachusetts
|
+$352M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Quilter Plc
London,
United Kingdom
|
-$1.57B |
| 2 |
Barclays
London,
United Kingdom
|
-$615M |
| 3 |
Janus Henderson Group
London,
|
-$368M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$351M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$350M |
BAC Hedge Fund Activity: Q4 2023 in Review
2,860 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q4 2023, worth a combined $188B — up 24% from $152B a quarter earlier.
Buyers outnumbered sellers: 413 funds opened new BAC positions and 133 closed out — a net gain of 280 holders — while 924 added to existing stakes and 1,282 trimmed.
The largest buyer was Norges Bank, adding an estimated $880M. The largest seller was Quilter Plc, exiting entirely with an estimated $1.57B sold.
- 2,860 institutional investors held Bank of America (BAC) as of Q4 2023, up from 2,618 in Q3 2023.
- Funds reported $188B of Bank of America stock for Q4 2023, up 24% quarter-over-quarter.
- 413 funds opened new Bank of America positions in Q4 2023 and 133 closed out, a net change of +280 holders.
- The largest Bank of America buyer in Q4 2023 was Norges Bank, an estimated $880M added.
- The largest Bank of America seller in Q4 2023 was Quilter Plc, an estimated $1.57B sold.
Based on aggregated 13F filings for Q4 2023.